I'm confused Louie. Doesn't the company have a legal obligation to announce results as soon as they are known, particularly when such results would have a material effect on the company's share price. A Director or Officer cannot chose when to inform the shareholders. It must be done immediately. I can only deduct from this that he may not have officially received the initial drill results,but is somehow aware that they are not what was hoped for or are inconclusive.It is now hoped that the second set of results will be more promising,and is deliberately delaying receipt of such documents until then. Does anyone have any thoughts or knowledge on the correct procedures for reporting drill results. Surely if the first set of results were good he would be falling over himself to report it.
RRE Price at posting:
20.0¢ Sentiment: None Disclosure: Held